Wake Up Call: LeClairRyan Trustee Settles UnitedLex Case for $21M

In today’s column, a new ABA survey finds progress by Big Law firms on diversity but white males are still dominating partnerships; a Hogan Lovells internal memo provides details on what it takes to become partner at the firm; TRM Labs hired the Justice Department’s former cyber digital task force head as general counsel.

• Leading off, the Chapter 7 bankruptcy trustee for defunct Richmond law firm LeClairRyan has agreed to a $21 million settlement with legal services giant UnitedLex, according to reports citing court transcripts. The trustee’s lawsuit, alleging that LeClairRyan’s joint venture with UnitedLex greased its slide into bankruptcy, ...